Politicians and the Internet
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Musicmaker.com's Ridiculous IPO

Earnings, IPOs, and the like

from the stupid-IPOs dept

Wed, Jul 7th 1999 08:13pm -

Okay, foget everything I’ve been saying about investors starting to distinguish between good and bad IPOs. I was apparently duped. If Musicmaker.com, a company with $20,000 in revenues last quarter can go public with a valuation of $600 million something very silly is happening. Update: The Standard has a good summary of all the articles that pretty much ignore the problems MusicMaker is facing.


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